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-sixth of the economy in order to be able to gain control of our lives, and of course it's going to be a mess. what does the government do that is good when it starts interfering with our lives? there are functions for the government. they need to remember what those things are and leave the rest of us alone. >> neil: what they discovered, as you warned -- this is prior to your prayer breakfast meet and greet with the president -- that all of a sudden the goodies would be showcased up front. the problems would be later. the goodies were fewer, the problems many more, and the cost of this potentially much, much hire than the thought. how is all of this rolling out now? >> well, of course the reason that it was done in secret, rather than in a transparent manner in which it was supposed to have been done, is because there are so many bad parts of it. there's so many obligations so many new taxes associated with it. it's incredibly expense simple. it was supposed to lower the cost. it has raised the cost of the premiums for average family, and in the neighborhood of $5,000. this is a disaster. and the real
a balanced budget and it's important we owe the country a reasonable plan and grows the economy. balancing the budget is not just a statistical exercise it's the necessary means to a healthier economy, it creates more jobs and helps people keep more of hard earned money and a contrast to the other budgets that are passing. at least budgets are passing here for a change, but all the other budgets have trillion dollar plus tax increases and have net spending increases and when he you have a trillion dollar deficit, we need to work on our spending and when the other side is offering even more spending increases and even more tax increases, more borrowing, we're still kind of worlds apart. >> greta: i went through the budget and it's very complicated, at least i think it's complicated. and i want to go to different provisions i understand. let me start with medicare. under your program it doesn't affect anyone over age 55. >> if you're born in 1958 or earlier, it doesn't affect you. meaning you stay in the current medicare program just as it's designed now. in addition we get rid of the obamac
earnings cycle. also in this environment the u.s. economy is growing more like 2% and a lot less like 4 in that environment pricing is going to be challenged and the top line sales is not going to be universal for all firms. it will be balance sheet by balance sheet and case by case. security collection becomes far more important. >> i was going to say as you point out the profit growth picture has been pretty good but we are getting at the mature point in that cycle and the forecast is about 1% or 2% overall growth. there are always ways to make more money than the index tracking would lead you to believe. where do you think the pockets of possible better than average profits would be? >> so we do like equities. when you compare that to fixed income certainly in government space so we like equities and we like global equities. it will have to be a multi asset strategy which is kind of all of the above. looking at commodities and debt and equities and looking in companies in europe. there are good companies with strong balance sheets in europe, as well. looking into russia, indonesia, m
. no doubt about that. it could hurt the economy by ten gdp points. joblessness but the banks were going collapse anyway. the economy would be in shambles anyway. there is concern that the depositors are hurt, because what is happening is if you have more than 100,000 in euros in the bank, those are targeted to help with the bail-out. $4.2 billion. a lot of that is from russian. a lot of -- he would cry about that. this is a good thing. bail-in, instead of bail-out. you take in a model where you are forcing the bank to save itself. the shareholders, bondholders and go to the uninsured depositors. this is a lesson we might take here. rather than the taxpayers bail-out you have the bail-out within the institution. i understand the pain but i don't think it's a bad idea. >> you float the idea of going after the saving account. it doesn't rez nay with many folks. >> but they weren't insured. they weren't insured over $100,000. here they aren't over $100,000. you know, you know when you put something in a bank like, that i covered the savings and the loan crisis in '80s. people were hurt in t
records, taking, and larryeating bails glazer from the economy summit. and bruce is in pennsylvania where the snow has begun. reporter: well, neil, that heavy snow from this morning has turn into light snow this afternoon and now more of a freezing rain. literally minutes ago the sun made an appears and that is rare. no blizzard here but another significant snowfall. two or throw inches around most of the region, now a slushy mess. it began this morning. we expect it will not wrap up until late tonight. this is actually the 11th day in the month of march with some kind of trace amount of snow or more. none of them any big deal but all of them irritating. last month, one day with a trace of snow. temperatures much colder this march. the average high 15 degrees colder this march than last march, and just two days in the entire month of march that the national weather service would regard as clear, day where the sun was actually out. a fair number of fender benders this morning, but overall more of a slushy mess than a real danger. the temperatures are expected to get down near freezing, so
. and stay the course. that's the message from the fed chairman ben bernanke today. he says our economy is improving but it still needs help. so the fed will keep interest rates at record low levels and will keep buying $85 billion in bonds each month. stocks like that, the dow up 56 points. briefly hitting a new record. the nasdaq up 25. the s&p up 10. of course, investors the world over are still watching the tiny island nation of cyprus as it nears possible bankruptcy. banks there are closed for the rest of the week now. and lawmakers are working on a plan b after parliament rejected a proposal to tax people's savings accounts. the fox business network peter barnes is live in the newsroom in washington. how concerned is the fed about cyprus? >> well, shep, he said the feted is paying attention to it, monitoring cyprus carefully. he said that so far its problems don't appear to be spreading to the u.s. or other countries. and that's the big concern here that this could become a contagion and trigger another financial crisis. but, bernanke suggested cyprus is unique, that its banking s
't it? the economy is starting to improve. we're still seeing -- you know, you're talking two years out. i think the market's going to be at 17,000 in two years. i'm talking the opposite direction. i'm not a super, super bull. but in two years, i definitely think we're going to see, you know, lower unemployment. >> 3,300 down here. 17,000 up. >> that's a huge -- >> who's right? huh? >> i am. >> there you -- thank you, peter. >> thank you. >> see you later. heading toward the close. a day very much dictated by events overseas. the bailout of the cyprus banks seem to be a catalyst to the upside this morning. until the dutch finance minister had his say. but we are finishing well off the lows of the session. the dow was down 117 at the low of the day. and we're down about 50 right now. stay tuned. super bear harry dent is joining us on the second hour of "the closing bell." >>> welcome to "the closing bell," i'm sue herera in for maria bartiromo. bill will join me in a moment. not a great finish to the first trading day of the week. it started out so promising on news of a bailout agreemen
. if the economy hobbles along and don't get me wrong, the markets are roaring, we've had a few days where it has slowed just a bit. but the average american, the pedestrian middle class family how well are they doing? how confident are they? and if the economy slows for them, the prospects for immigration reform, i don't believe are nearly as high, if you don't get what mark has been saying now for over two weeks. the sequencing done right on this cut spending cuts and tax reform. things sound great and they're moving along now. but joe, as we talked about earlier, you're going to have reticent democrats. and even key congressional races who are going to slow down a bit and saying, look, i want immigration and guns dealt with, what are we doing about the economy and the budget, the debt, and tax reform? >> and this is, richard haas, you can only push people so far, i mean, not the republicans' best friend. this weekend said democrats you're about to lose me. i pay 40% federal, 15%. well, i hear we have it cued up. let's go. this is bill maher this weekend. >> -- actually do pay the freight in th
of family relationships than by the parents' sexual orientation. >>> coming up, when will the economy be healthy enough to stand on its own? according to fed chief ben bernanke, not for a while. we'll tell you all about it, coming up next. [ bop ] you can do that all you want, i don't like v8 juice. [ male announcer ] how about v8 v-fusion. a full serving of vegetables, a full serving of fruit. but what you taste is the fruit. so even you... could've had a v8. glass on floors. daily chores. for the little mishaps you feel use neosporin to help you heal. it kills germs so you heal four days faster. neosporin. use with band-aid brand bandages. neosporin. i go to angie's list to gauge whether or not the projects will be done in a timely fashion and within budget. angie's list members can tell you which provider is the best in town. you'll find reviews on everything from home repair to healthcare. now that we're expecting, i like the fact that i can go onto angie's list and look for pediatricians. the service providers that i've found on angie's list actually have blown me away. join toda
has no interest in our economy, he has no real interest in straightening out our budget problems. i don't know what his priorities are, but they certainly aren't straightening out the tremendous debt that we've accumulated under his presidency. >> greta: and the senate should note that other presidents should know that other presidents have been late, but this is the first time the president didn't get the budget before the house and senate and we waited and supposed to get it early april, but maybe. mayor, listen to this the national debt we all owe stands at more than 16 trillion dollars, so are president obama and speaker of the house, john boehner, both in denial or are they drinking the same stuff? >> i think it's important to recognize is that we've already cut 2.5, 2.7 trillion dollars out of the deficit. if the sequester stays in you've got over 3 1/2 trillion dollars of deficit reduction already so we don't have an immediate crisis in terms of debt. in fact for the next ten years it's in sustainable place. >> we do not have an immediate debt crisis, but we all know we have
of syrian refugees stream across the border and decimate the economy. >> this is behind us. we have to roll up our sleeves. it will be a bumpy and difficult road. >> for the second time on this trip, the president expressed frustration when a reporter suggested that the u.s. is not doing enough on syria. >> the united states often finds itself in a situation where if it goes in militarily, it's criticized for it. if it doesn't, people say why aren't you doing something militarily? >> president is prodded on by carl levin who called for active approach to take out president bashar assad, from no-fly zone to airstrike. >> it's tragic. it's heart-breaking. the sight of children and women being slaughtered that we have seen so much i think has to compel all of us to say what more can we do? >> king abdullah is also under pressure. since a refugee camp alone is now the fifth largest city in jordan. there is also fear extremists will spread chemical weapons from syria to jordan and israel. abdullah resisted any foreign military intervention and today visibly winced as a reporter asked if it would
there. the economies there were slow and germany the fifth biggest. great britain at number eight. france the 9th largest. all shrink shrinking in the last quarter. that is not what you want. entire eurozone by the way losing huge number of jobs. a record 19 million are unemployed. martha: deadly storm causing serious problems across the south. areas of alabama got pummeled with large hail. some of it was the size of baseballs. that is an unusual sight. that is what they had there. high winds causing issues in georgia. thousand people waking up without power there. national weather service say the storm destroyed a store and a dozen homes. look at the wreckage on the ground. one man was killed when the wind topple ad tree on to his car. bill: we had whiteout conditions here in new york city last night and a new round of snow making for a tough commute across the northeast. new england could see the worst of it. that region getting hit with several major storms over the winter. it could get up to 20 inches of snow by the time this storm passs? maria molina live in the fox severe we
-through with the israelis and a lot of interesting developments on the growing economy here, the technology sector. we will have jeff goldberg and host of "meet the press" in the united states, david gregory and "meet the press" from here, dana weiss. we have a pretty jam-packed show. >> wonderful. andrea mitchell, thanks very much. >>> the white house is work, on shifting over side of its lethal drone program from the cia to the military. according to the "the wall street journal." the move would make the controversial program subject to international law. strikes would be undertaken with the consent of host governments, while many in washington believe the program will be more effective under the cia, the proposal reflects a growing consensus it needs to be on legal, sturdier footing. yesterday the senate kicked off hearings. senators on both sides expressed concerns over privacy. some members are mulling possible federal regulations. the faa estimates 30,000 drones could be flying in the u.s. skies in the next 20 years and richard haass is shaking his head. it's impossible to consider. >> i think t
of his victims. we'll tell you ahead on "360." ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. barrow island has got rare kangaroos. ♪ chevron has been developing energy here for decades. we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> welcome back. spring is just hours away in this half of the hemisphere but winter didn't get the memo. this is how new england is welcominging spring. more snow and a lot of it. a late winter storm forced school closures. the upper midwest hit with another blast of winter. south isn't off the hook either. allison kosik has the latest. >> reporter: the calendar says spring but mother nature is playing by her own rules, dumping about a foot of snow in parts of new hampshire on the last day of winter. >> it's kind of fun because then you can shovel and work out. >> reporter: in concord it
politics a long time and the kind of performance in the recent years with the economy. everybody is frustrated. that is the good news scenario. the bad news scenario we literally fix it and we relive 2008. >> can i ask a question as conservatives especially focus on the issue of deficit and what we are going to do about it and it becomes a rallying cry. where was that rhetoric when we were involved in two wars and paying for them on a credit card and having two major tax cuts put in place? iraq war is one of the first wars we haven't had a war tax. where was that fiscal responsibility a decade ago? >> missing. and i'm the wrong person to ask this. because i said famously in budget circles. it's a big crowd. in three the party is over, people get it and not spend any more money and ten years later, i was dead wrong. we lost our rudder somewhere. that's something that america actually stuck to and lived by and served america well 200 years. since then we have developed big problems. >> i also illusion the war would pay for itself and be resolved within six months and up and running
price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> shepard: hey, if you kick a helpless see you lose your beach privileges. the mayor of san diego ordering officials to close down a stretch of beach in la jolla after cameras caught people kicking and punching and sitting on top of seals and their brand new pupsz. workers installed the cameras in january to watch the seals give birth. instead cameras caught people harassing the animals. now the beach is off limits at night. that is not sitting well folks say that beach should be open to everybody. trace gallagher is in our west coast news hub. first, did they find the people who attacked the sealed seals? >> not yet, shep. the city attorney says if suspects are brought in they will be prosecuted and wildlife groups say they are appalled by the abuse beca
. the public fight was over the budget. >> the stanford economy looked at the budget and said 500,000 jobs right away. this plan will protect and strengthen medicare. it begips, yes, by repealing obama care. >> the resolution passed 221 221-207. with ten republicans an all democrats voting against it. >> this is an uncompromising ideological approach to our budget issues. this also fails the test of taking a balanced approach. >> the senate is planning to vote on the ryan blueprint to hold republican feet to the fire. >> it was crafted by a hard right group in the house. and most republicans would rather run away from it. we saw that happen during the presidential campaign. we're not going to let them run. >> senate democrats favor budget chair patty murray's plan to raise taxes, increase spending and never come to balance. top republicans say it doesn't add up. >> that means more debt. fewer jobs. frankly much higher taxes from the american people. we certainly hope that the president will change his mind and submit a plan that actually balances the budget. >> the senate plans to vote on
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> everyone knows cable news more opinionated but journalism substantial differences between the news channels. the study finds 85%. approach is obvious to anyone who watches. >> three months after newtown and eight months after the aurora, colorado, shootings in that theater. time to do something. tonight i'm urging you call to your members of congress. >> fox mews, by contrast, 55% opinion and cnn is the only one of the three, according to this study too, air more reporting, 54%, than opinion at 46%. so, gail shister, is that because it's the cheapest? >> it's a lot cheaper to be spout off than it is to actually report it. the thing that gave me pause about the study and i have great respect for pew is how they deaf renshia differentiated between reporting because you can argue that reporting forms opinion and where do you draw the line? i wasn't sure it was in the content analysis that they did for the study. dubious about what was opinion, what was news. no questio
economy. it's to create faster economic growth, to get jobs. you have to reform government to do that. >> well, on the medicare issue which is maybe the most sensitive issue out there, are you saying there are democrats who support your plan, which democrats describe as creating a voucher for medicare recipients? >> it's not a voucher program. it's called premium support and is an idea that originated from the brooking institutions from democrats to begin with. it is an idea i used to work on with alex ridlin. it's exactly just like the idea i worked with ron wyden the senator from oregon last year on. the point is good people from both political parties can lick this problem in the future and come to a solution and that is what we're proposing. our solution by the way, wolf, doesn't affect benefits of anybody in or near retirement but puts reforms of the program so we can make it solvent for the next generation like mine and our kids. we think it is the best idea for saving and strengthening medicare. we think the medicare board that will be put in place because of obama care is goin
over the past three years over an economy that's produced over 6.3 million private sector jobs and we have more work to do. and this president's number one priority is growth and job creation. >> what a bunch of-- there's 20 million more americans on food stamps, number one. and number two, we have one in six americans in poverty. what would dr. carson do if he was president. would you cut back? >> well, i would certainly cut back, but the pay i would cut is evenly, but i would give the managers of each department discretion because they know where the fat is. they're not going to cut the muscle, they're going to cut the fat. it seems like what the president is doing is trying to cut in the places where it hurts the most in order to prove a point and i -- if ever the mainstream media reaches a point where they recognize that if we destroy this nation and destroy the economy, they, too, will be destroyed, i think at that point they will start asking the tough questions and helping to move the population in the right direction. >> sean: don't hold your breath, dr. carson. i declared in
with best-in-class fuel economy. guts. glory. ram. motor trend's 2013 truck of the year. because all these whole grains aren't healthy unless you actually eat them ♪ multigrain cheerios. also available in delicious peanut butter. healthy never tasted so sweet. glass on floors. daily chores. for the little mishaps you feel use neosporin to help you heal. it kills germs so you heal four days faster. neosporin. use with band-aid brand bandages. >>> lbgt americans are our soldiers, our friends, our loved ones. they are full and equal citizens, deserve the rights of citizenship. that includes marriage. that's why i support marriage for lesbian and gay couples. i support it personally and as a matter of policy and law. >> what may be hillary clinton's first policy announcement of the next presidential campaign came 11 days after bill clinton who signed the defense of marriage act into law wrote an op-ed piece saying he believes that doma is, quote, incompatible with our constitution. the white house welcomed hillary clinton to the majority side of marriage equality today. >> i can tell y
adviser at the time, made war with iraq make it sound like it wouldn't cause a dent in the economy. "the likely economic effects would be relatively small. if the united states goes to war in iraq to depose saddam hussein." "the key issue is oil and a regime change in iraq would facilitate an increase in world oil which would tend to lower oil prices here." there's more of this. >> oil prices went up. the number i always used to say when i talk about iraq often and paul and i would have these debates and when this was really in conscience, $20 billion on air-conditioning in iraq per year during the height of the year. $20 billion on air-conditioning in iraq and afghanistan. >> in 2002, richard pearl, chairman of the defense policy board said "we're not talking about a massive invasion along the lines of '91. we're talking about a much more modest effort in which the united states will assist iraqis in freeing their country." let me get over to paul about the manpower and loss of lives. and the world you live with. 31,000 wounded. about 600 amputees. give me a sense of your own personal e
saluting history... we're making it. as your life changes, fidelity is ther for your personal economy, helping you readjust along the way, refocus as careers change and kids head off to college, and revisit your investments as retirement gets closer. wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. do we hano.a mower? a trimmer? no. we got nothing. we just bought our first house, we're on a budget. we're not ready for spring. well let's get you ready. very nice. you see these various colors. we got workshops every saturday. yes, maybe a little bit over here. this spring, take on more lawn for less. not bad for our first spring. more saving. more doing. that's the power of the home depot. get ortho home defense, a special buy at just $6.88. our largest selection of lobster erees, like lobster lover's dream or new grilledobster and lobster tacos. come in now and sea food differently. visit redlobster.com now for an exclusive $10 coupon on two lobsterfest entrees. visit redlobster.
the family, about a growing economy, about assuring that we have a strong national defense. we care about these things so much because fundamentally we are the people who truly care about people. we love people in the country and we want everyone to succeed in this country. >> i'm going to talk a little bit about what's logical and what's common sense today because we don't hear a lot of that and i don't think that common sense should be something that's just for conservatives. you know, liberals and everybody else should understand and enjoy common sense, also. for some strange reason, sometimes they don't. >> you see, as conservatives we shouldn't take a back seat to anybody. we have a moral cause, it's not just about balancing budgets, it's not just about giving the economy, and what we stand for is not taking things away from people. that's the other side. this president and his ally measure success in government by how many people are dependent on the government. we measure success in government by just the opposite, by how many people are no long are dependent on the government, not
in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. full of beautiful highlights and lowlights. that's why nice'n easy builds dimension into every shade. so here's a challenge: love the gorgeous dimension of nice'n easy or we'll pay for a salon color. take the salon challenge, from nice'n easy. >>> lucky for me, my finances aren't so tight i have to do commercials like failed republican candidate fred thompson. but when my day comes as it surely will, and i'm desperate to do reverse mortgage commercials, i won't have a chance of getting one unless i first run for president as a republican and lose. that is actually the surest way to book a national ad campaign as an actor. it all started with bob dole. to get his career in commercials started, first he lost the 1996 presidential campa
. >> with a could that even mean for the economy, balancing it by 2023 would be great. but i read a piece this morning, mentioning that it would be great 'cause it would ease fears of future tax, so more companies would begin investing a bit more and consumers potentially would start consuming more as well. >> brian: by the way, senator warner and senator dick durbin cote say we need entitlement reform. before the charm offensive, you never got that. >> steve: but it's got to be significant. not just around the edges. that's where the fight comes in. meanwhile, 12 minutes after the top of the moment with the way, paul ryan will be joining us live coming up at 8:30 eastern time on your channel for news. >> straight strait from the horse's mouth. >> brian: good job. tick him off, good move. coming up straight ahead. >> steve: we are cutting our defense budget, but increasing our humanitarian missions in third world countries. where are the nation's priorities added? >> and he got $2 million of stimulus money to create green batteries. one problem, they haven't stimulated a thing. where did
really matters to what is happening in europe. cyprus, 0.2% of the euro-zone economy. it's banking sector accounts for mostst economy. what is happening there has wall street's attention because of the precedent it may set for other struggling nations. also, russian business has about $19 billion in cyprus. that's according to mootiedy's. wall street happy with the plan in place right now. it's also the last week of the first quarter. check out your investments this morning. if you haven't looked in a while the you'll be pleased. the s&p 500 is up more than 9% over the first three months of 2013. you can see the rally took off from november of last year. 9% will be a solid return for the entire year. but it's happened only in the first three months of this year. the s&p 500 is up 11% over the past year overall. over and over, when is this going to end? that is nearly impossible to preticket. there is one ratio that wall street looks to and it shows that prices are still fairly valued right now, maybe even cheap at least historically speaking. look at this. this is something that measures
of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. licking the cream off these oreo cookies. that's stupid. you're wasting the best part. shuh, says the man without a helicopter. wait, don't go! [ male announcer ] choose your side at oreo.com. i can't believe your mom let you take her car out.ck!go! this is awesome! whoooo! you're crazy. go faster! go faster! go faster! go faster! no! stop...stop... (mom) i raised my son to be careful... hi, sweetie. hi, mom. (mom) but just to be safe... i got a subaru. (announcer) love. it's what makes a subaru a subaru. that nasty odor coming from your washer. say farewell to the smell with tide washing machine cleaner. it goes straight to the source of the stink to lift odor-causing residues off your washer's drum. tide washing machine cleaner. >>> the problem here is that there will always be some uncertain
that. the people of iran, it won't matter to them. what matters the economy is shambles. they don't have jobs or food to put on the table. >> what is concerning, that we have on the defense side, f.b.i. training manuals that don't even mention the word islam. don't mention the word muslims or jihad. those have been completely purged. we also have nuclear defense missiles i think are cut ever since barack obama has come into office. yeah, now he is talking about interceptors over to alaska but that was only pretty much in response to the north korean threat because he got caught on that. rather than that all of our defenses have been going downward. >> sean: i agree, good point. joel, you have written from the last jihad and written a lot of novels. every time i read them i'm thinking these scenarios that you are writing about seem very possible to me. you have a very dark, twisted mind. [ laughter ] >> i look at worst case scenarios. that is where we are. the new novel is damascus count down. what if an american president miscalculates, he tries diplomacy and it doesn't work. what
and they face an economic depression. there are some forecasts that cyprus will lose 20% of its economy. that is a depression. so those two are losers. the russian mob and the peel of cyprus. the winner here so far looks to be germany's angela merkel. she has forced the cypriots to pay up as a price for staying in the euro. they won a major victory getting that money out of cyprus and beating back the russians. there you have it. heather: so you said the russians basically lose their shirts over this. do you think they will take this lying down? what can they do? >> no, they're not. what they can do is up in the air but remember russia supplies a lot of energy to western europe in the form of natural gas. this fall it is possible, purely speculative it is possible some of those energy supplies will be squeezed. russian mob does not losing billions of dollars. vladmir putin, good friend with some of the oligarches, he is not happy. heather: we're here in the good ol' u.s. of a, so any impact on us here? >> yes. minor leagues but we're breathing a sigh of relief. when the stock market ope
that it will stay the course, staying the course, of course, means pumping money into the american economy especially concerns about a possible bailout in cyprus flare up. summer won't come soon enough for twinkie lovers. you know who you are. a bankruptcy judge approving hostess' sale to two investment firms and bringing twinkies, ho-hoes and ding dongs back from the dead. the deal said to be worth $410 million. the new owners hope to have twinkies and its snack cake brethren back on your store shelves by summer so you can stop with the locked door in your office and your stash. you'll be able to replenish it soon. and think you can trust labels at the shopping mall? think again. some clothing labeled as being made with fake fur was actually made with real fur. neiman marcus resolve clothing and dr. j.'s dotcom are settling false marketing charges with the federal trade commission. the retailers will not pay any fines but do promise to label all their products correctly going forward or face penalties. imagine if you were going to buy a pair of flats for example, this was a brand-name sli
positive force for the economy. it's due in part to a drop in foreclosures and near record low mortgage rates. a decline in the national unemployment rate is also a factor. >>> and harrison ford is hinting that he could be returning to "star wars." as the legendary hans solo. the 70-year-old actor was asked by cnn's chicago affiliate wgn whether he is reuniting with original castmates for "star wars" episode seven. this is what he said. >> i think it's almost true. i think right now i'm looking forward to it. it's not in the bag yet but i think it's happening. >> almost true is how he puts it. so far lucas films is neither confirming nor denying whether the actors will officially make the return. >> amazing. i'd go see it. >> i would. you could see sort of hans solo, harrison ford through the years and such so it'll be interesting to see what roles they play in this new movie. >> be looking forward to it. thanks, lisa. >>> up next, the new jersey governor chris christie is forced to take sides in a heated debate over banning so-called gay conversion therapy. the pressure on the rising g
policies every single day. >> reporter: cruz tells cnn the law will put the economy in critical condition. >> the economy is not growing and implementing obama care now raises a very real possibility we will push this nation into a recession. i'm trying to make the case -- >> reporter: you are saying the president's health care law will cause recession. it could very well. we've had more than 35 separate votes in the congress about that and we've always upheld the affordable care act. >> reporter: democrats argue republicans should just stop. noting the law has not only survived a challenge to the supreme court but also former presidential candidate mitt romney. >> i will repeal obama care. and i'll stop it in its tracks on day one. >> reporter: the gop budget that passed the republican controlled house also includes a repeal of obama care. congresswoman michele bachmann warned the health care law is a killer. >> let's repeal this failure before it literally kills women, kills children, kills senior citizens. let's not do that. >> but it seems it is the law that can't be killed almost lik
: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. we make meeting times, lunch times and conference times. but what we'd rather be making are tee times. tee times are the official start of what we love to do. the time for shots we'd rather forget, and the ones we'll talk about forever. in michigan long days, relaxing weather and more than 800 pristine courses make for the perfect tee time. because being able to play all day is pure michigan. your trip begins at michigan.org. >>> happening right now, prosecutors in italy making their case before that country's highest court to retry amanda knox for murder. >> the american student has been free since an appellate court overturned her conviction in the deadly stabbing of british student meredith kercher back in 2007. the one-day hearing could also free knox of slander charges which would free the way for her to sue her accusers. cnn's ben wedeman is live in rome with the very latest. good morning, ben. >> good morning, christine. the supreme court began listening to the case of amanda knox
and local government levels. and throughout he understands that our economy works best when the middle class and those working to get into the middle class have the security they need on the job, a democratic voice in the workplace, everybody playing by the same set of rules. tom's knowledge and experience will make him an outstanding secretary of labor. and there's plenty of work to d. we're going to have to work very hard to make sure that folks find jobs with good wages and good benefits. we've got to make sure that our veterans who are returning home from iraq and afghanistan have a chance to put their incredible skills and leadership to work at home. we need to build an immigration system that works for every employee and every family and every business. i'm confident that tom's going to be able to work to promote economic growth, but also make sure that that growth is broad based. and he's going to be an sbre gal part of our team. these are a few of the families are facing and where they need an advocate and tom's the right person for that job. so i hope that the senate will act swiftl
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economy. we stand together because we share a commitment to helping our fellow human beings around the world. when the earth shakes and the floods come, our doctors and rescuers reach out to help. when people are suffering from africa to asia, we partner to fight disease and overcome hunger. we stand together because peace must come to the holy land, for even as we are clear-eyed about the difficulties, we will never lose sight of the vision of an israel at peace with its neighbors. so as i begin this visit, let me say as clearly as i can, the united states of america stands with the state of israel because it is in our fundamental national security interest to stand with israel. it makes us both stronger. it makes us both more prosperous, and it makes the world a better place. that's why -- [ applause ] that's why the united states was the very first nation to recognize the state of israel 65 years ago. that's why the star of david and the star and stripes fly together today. that is why i'm confident in declaring that our alliance is eternal, forever. thank you very much. [ appla
back their money only to see the economy falling apart. you're not winning on those issues, either, john. >> joan, you're so right. you are better on this than i am normally. equal pay for equal women. your party has been slow on that. >> i agree. i'm following our party. those are the changes that we should be making. here's what the real difference between the two parties in my opinion are. >> okay. >> the republican party has always said we're going to make sure you have opportunity that leads to unlimited success but not guaranteed success. that was the american dream. we've given that up because people say it's not attainable anymore and the democrats are selling we will give you guaranteed success but it's going to be very limited. >> who says that? >> no one guarantees success. >> find -- >> it's the governmental -- >> john, i don't know any >> there's no one who wants to guarantee success. >> i've never heard that anywhere. >> no, it's all about equal opportunity. we are about guaranteeing equal opportunity. we are about leveling the playing field. we're about bringing peop
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and that gave us the magnificent economy that clinton brags about and yet, that government got shut down in the end of 1995, our first, the republicans first term there. it really, really hurt republicans because it looks like we can't care about the things that-- >> they hung on, they won. not only that, but that's how we got to a balanced budget. >> it hurt us, it hurt us trying to push other things and this is -- repealing obamacare, yes, keep talking about it and putting it in. unless obama signs a repeal of obamacare. >> sean: that's symbolic, that means obamacare will never be taken out. >> no, it isn't. i plan on winning the senate back in two years. >> sean: on health care, what you're suggesting is the republicans only do the symbolic vote to repeal, but not really take the stand to do it. >> i think shutting down the government would not-- >> we're not going to shut down the government. that's obama's line. >> no, shut down the government, you're saying it's important it doesn't ruin the credit rating and medicare payments. >> sean: the social security and military keeps functi
-- of dependency? >> you asked the question, is this a picture of the future? the answer is yes if the economy doesn't improve, if president obama's policies continue to fail to create enormous numbers of new jobs. yes, that is the picture of the future. remember, we're still signing up 3,500 people every single day on to the food stamp program. it has doubled in four years to a cost of $78 billion a year. now zero in on rhode island. six years ago 73,000 people on food stamps in that state. now 180,000 in that state. this is the way of the future, and it's very difficult to reform it, trim it or rein it in. >>steve: on your program on fox business, you talk to the mayor of woonsocket, rhode island, which extraordinarily a third of the people in that entire city -- a third -- are on food stamps. what happened now is the cycle of dependency, first the people were relying on food stamps and now the businesses rely on the people with the food stamps. without the food stamps, the businesses would go belly up. >> on the first of every month the snap card are loaded up with money. the people with fo
with a tough economy to begin with. they've spent nearly $1 billion. they say they are approaching half a million syrian refugees and they think it will keep getting worse. the president promised about $200 million more. the united states is already giving quite a bit of money to the syrian refugee crisis but he promised to ask congress for $200 million more. most of the effort was on the refugee crisis here, although jordan has a very good intelligence service. the president and his national security team also comparing notes with the king and his team about the big questions about chemical weapons and the king's assessment of how long assad can hang on. >> all right. on king, thanks. >>> there's a lot more happening tonight. randi kaye is here with the "360" bulletin. >>> authorities in virginia are not disclosing a motive in last night's deadly shooting at the marine corps base. officials say three marines are dead including the suspected gunman. he died of an apparent self-inflicted gunshot wound. the incident is still under investigation. >>> police in georgia arresting a pair of t
the economy and it was not a race about social issues and it's not a race about the various flaws that gingrich has. would the republican party be in a different position now? the republican party is fast moving away from what santorum said. we don't need to tell ourselves that we're great if we stay more conservative. the republican party as an institution is trying desperately to expand itself beyond that and while conservatives are saying what santorum is saying, if only we had been more pure in 2012. >> how can he go to the center at the same time you want to go right? there's a struggle, but if -- my hunch is they are going to go right because they'll see it coming up and they'll say we're not going to be there and let's have some fun. great reporting and great scoop. michael sheer, thank you, as well. >> up next, michele bachmann has a knack for stretching the truth and she does and he's back at it this week. our bachmann pants on fire fact check. this is "hardball," the place for politics. well, technically i work for one. that company, the united states postal service® wo
technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. one of those sons, a 10-year-old boy died. we're told his mother is still in serious condition. and as of yesterday, the family priest said the mom did not even yet know about the death of her son. fox extreme weather alert now. the deadly spring snow storm that has already buried parts of the midwest dumping heavy wet snow and sleet up and down the east coast. keep in mind winter just ended a couple of days ago. nearly 500 flights cancelled today, most of them in or out of new york city. the roads weren't much better. car crashes all over the place. police are blaming the storm for two deaths. one in kansas and one in missouri where there is still more than a foot of snow in some spots. i should say fortunately a lot of schoo
't work, which is why our budget focuses on accelerating the economy and putting people back to work right now, for example getting rid of the sequester. so i guess the bottom line, soledad, it's good they're recognizing they've got a problem. but as far as i can tell they misdiagnosed. >> you say with the exception of immigration, and immigration is a big exception. you can see paul rand talking about a pathway to some kind of citizenship. in the tea party. that's i think a little bit of a surprise for some people. do you worry as a democrat that with republicans, i think, correctly analyzing the issue, and the problem they have with the fastest growing demographic in this country that that's going to be a real challenge to democrats? >> look, i'm glad that our republican colleagues are finally on board with immigration reform. we've gone at a very short period of time -- >> right but that's not my question. my question is do you worry that that's going to be a, a part of getting them to capture the hearts and minds of -- >> no, i don't worry -- >> -- idea as really republicans if there w
of the reasons is because cyprus is a tiny economy, but this would be the fourth european bailout. the fact that at the 11th hour it looks like disagreed to, it takes away an uncertainty for the market and the path of least resistance returns. and what is that path? higher. this has been been incredible year for stocks. anybody with a stock market investment has seen fantastic rushes. the s&p 500 hasn't hit a record high, a new record high yet, but it's very close now. could happen in the next couple of days. that's what the s&p looks like over the past 12 months. the s&p over the past year is up almost 12%. just this year so far, up 9%. that's the kind of return if you had a return like that, it would be the envy of all of your friends. and for anybody who is just a plain vanilla stock market investor, they've had a good run. looks like banks will probably lead higher. watch shares of blackberry. lower pre-market. >> christine romans, thanks so much. >>> ford in and advertising firm are apologizing for a recent ad that used questionable judgment. it's a cartoon showing three scantily clad
to listen to the message you have about the economy, about health care, about education. because they're so turned off by the rhetoric about illegal immigration. and that i think is what ari and the republican party is talking about now. >> so john berman has covered politics for a gazillion years. richard, you are my nonpolitico. are you moved? is there a sense of a relaunch? >> i'm the type of person that i'm to be persuaded, right some but to me, i know especially this 18 to 29 group, i just feel like it seems like marketing. and i hear the word brand and to me that makes it seem that it's not authentic. so i think social issues, but this idea of the package and -- it just seems like a branding and a marketing thing and i think a lot of young people are pretty wise to that sort of approach. >> so let's go right back then to jake. when you look at the cpac, right, and the straw poll that came out of that, you had rand paul winning with 25%, right behind was marco rubio, something like 23%. and you had contra ticker to me contradictory messages. again, polar opposites on the state of the r
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